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Fairway Group Holdings Corp (NYSE:FWM) was downgraded by investment analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports.

Fairway Group Holdings Corp (NYSE:FWM) opened at 8.12 on Friday. Fairway Group Holdings Corp has a 1-year low of $8.02 and a 1-year high of $28.87. The stock has a 50-day moving average of $14.15 and a 200-day moving average of $20.68. The company’s market cap is $336.1 million.

Fairway Group Holdings Corp (NYSE:FWM) last released its earnings data on Thursday, February 6th. The company reported ($0.74) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.70. The company had revenue of $205.70 million for the quarter, compared to the consensus estimate of $207.80 million. Fairway Group Holdings Corp’s revenue was up 14.3% compared to the same quarter last year. On average, analysts predict that Fairway Group Holdings Corp will post $-2.33 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on FWM. Analysts at Credit Suisse downgraded shares of Fairway Group Holdings Corp from a “neutral” rating to an “underperform” rating in a research note to investors on Friday. They now have a $18.00 price target on the stock, up previously from $8.00. Separately, analysts at Oppenheimer downgraded shares of Fairway Group Holdings Corp from an “outperform” rating to a “market perform” rating in a research note to investors on Friday. They now have a $10.00 price target on the stock, down previously from $20.00. Finally, analysts at Jefferies Group cut their price target on shares of Fairway Group Holdings Corp from $30.00 to $23.00 in a research note to investors on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $15.80.

Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.

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